Financial Trust Company in Carlisle, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 26, 1997

  • Financial Trust Company in Carlisle, Pennsylvania (PA)
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Financial Trust Company - Overview

  • General
  • FDIC Certificate #: 2350
    Status: Inactive
    Closing history: Absorption - Without Assistance
    Acquiring institution: Financial Trust Company (#8417)
    Federal Reserve ID: 962014
    Date Established: April 24, 1902
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 25 (Interstate: No)
    OTS Docket #: 9687
    FDIC's unique #: 1553
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: September 26, 1997
    Last Structure Change Process Date: October 22, 1997
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 1 West High Street, Carlisle, PA 17013
    County: Cumberland
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Harrisburg
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Harrisburg-Lebanon-Carlisle, PA (#3240)
    Combined Statistical Area (CSA): Harrisburg-Carlisle-Lebanon, PA (#276)
    Core Based Statistical Area (CBSA): Harrisburg-Carlisle, PA (#25420)
    CBSA Metro Statistical Area: Harrisburg-Carlisle, PA (#25420)
  • Financial Summary
  • Total assets: $651.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $268Total assets
  • $644,614Cash and due from depository institutions
  • $23,700Interest-bearing balances
  • $178Securities
  • $166,754Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $430,124Loan loss allowance
  • $6,057Trading account assets
  • $0Bank premises and fixed assets
  • $9,503Other real estate owned
  • $56Goodwill and other intangibles
  • $7,023Life insurance assets
  • $7,454All other assets
  • $0Total liabilities and capital
  • $644,614Total liabilities
  • $568,144Total deposits
  • $509,687Interest-bearing deposits
  • $446,285Deposits held in domestic offices
  • 509687.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $43,358Trading liabilities
  • $0Other borrowed funds
  • $7,685Subordinated debt
  • $0All other liabilities
  • $7,414Total equity capital
  • $7,414Total bank equity capital
  • $76,470Perpetual preferred stock
  • $0Common stock
  • $2,294Surplus
  • $18,970Undivided profits
  • Memoranda
  • $55,206Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,485Income earned, not collected on loans
  • $2,288Earning assets
  • $597,056Long-term assets (5+ years)
  • $187,723Average Assets, year-to-date
  • $635,955Average Assets, quarterly
  • $649,788Volatile liabilities
  • $66,809Insider loans
  • $9,746FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $86,488Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $64,821Total risk weighted assets
  • $415,983Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $48,193Total interest expense
  • $19,704Net interest income
  • $28,489Provision for loan and lease losses
  • $490Total noninterest income
  • $3,009Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,489Trading account gains & fees
  • $0Additional noninterest income
  • $1,520Total noninterest expense
  • $16,432Salaries and employee benefits
  • $7,545Premises and equipment expense
  • $1,888Additional noninterest expense
  • $6,999Pre-tax net operating income
  • $14,576Securities gains (losses)
  • $365Applicable income taxes
  • $3,872Income before extraordinary items
  • $11,069Extraordinary gains - net
  • $0Net income attributable to bank
  • $11,069Net charge-offs
  • $150Cash dividends
  • $4,810Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.24%Cost of funding earning assets
  • 3.37%Net interest margin
  • 4.87%Noninterest income to earning assets
  • 0.51%Noninterest expense to earning assets
  • 2.81%Net operating income to assets
  • 1.70%Return on assets (ROA)
  • 1.74%Pretax return on assets
  • 2.35%Return on equity (ROE)
  • 15.35%Retained earnings to average equity (YTD only)
  • 8.68%Net charge-offs to loans
  • 0.04%Credit loss provision to net charge-offs
  • 326.67%Efficiency ratio
  • 49,984Assets per employee
  • 2.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 43.45%Loss allowance to loans
  • 1.39%Loss allowance to noncurrent loans
  • 407.88%Noncurrent assets plus other real estate owned to assets
  • 0.24%Noncurrent loans to loans
  • 0.34%Net loans and leases to deposits
  • 84.39%Net loans and leases to core deposits
  • 88.15%Equity capital to assets
  • 11.86%Core capital (leverage) ratio
  • 10.22%Tier 1 risk-based capital ratio
  • 15.58%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $635,955Average earning assets
  • $72,108Average equity
  • $585,186Average loans

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